Quote:
Originally Posted by Dordrecht
The only real reason the economy is down the dumps is because we buy all our stuff from China.
Walmart is the problem.
If we don't put our own people back into the manufacturing sector, we will continue to support China, and North America will go further down the drain.
It's that simple!
You don't have to be a brainy economist to understand this.
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We can't afford to buy American made.
Many businesses can no longer operate at a profit in the US because of regulations, taxes, wages, etc. It is cheaper to produce something in another country and bring it here than to produce it here.
There are a couple ways this could be fixed.
1) Bring the costs of manufacturing including wages, benefits, etc in the US down to the level of the third world countries so we can compete in price.
2) Add an import "tax" to everything coming in from another country so its cost is higher than if it were made in the U.S.
3) Another solution is for the other countries to add regulations and requirements for wages to the businesses in their country so their goods would cost Americans more than we would pay for American made stuff.